Today, the Bureau of Consumer Financial Protection issued a public statement of its intent to issue proposed rules in January 2019 to reconsider its final rule regarding payday, vehicle title, and certain high-cost installment loans, commonly referred to as the “payday loan rule,” and to address the rule’s compliance date.  The Bureau is currently planning to propose revisiting only the rule’s ability-to-repay provisions and not its payments provisions.  If not amended or repealed, the rule’s ability-to-repay provisions are scheduled to come into effect August 19, 2019.